Record national gas prices are forcing energy providers to up the costs of electricity and gas.
This year alone energy suppliers announced increases in gas and electricity costs on 30 occasions, forcing households to spend a reported €340 extra per year on their electricity bill and €200 per year on their gas bill.
With the cold winter season around the corner, it means it’s never been a better time to switch energy providers to get the best deal on the market and save up to €476.
Speaking to RSVP Live, Eoin Clarke, Managing Director of Irish price comparison website Switcher.ie said: “It’s more important than ever to shop around and get the best deal on your energy. Due to the rising wholesale cost of energy, we’ve unfortunately seen an increase in the price we pay.
“These changes can sneak through unnoticed in the warmer months however, as we head into winter and start to turn on the heating the real impact of these increases will be felt.
“These price rises are a stark reminder that we should be tightening our purse strings and saving money where we can.
“Check whether you’re eligible for any help with your energy bills through either the fuel allowance or the household benefits package. Even if you qualify for assistance with your energy bills, you should still check if you could be paying less elsewhere.
“Remember, you get the same product when using and paying for your energy (customer service may differ), but by paying extra you are simply giving away more of your hard-earned cash than you need to. Right now you could save up to €476 on your energy bills when you compare suppliers.”
Top tips to save on your energy bills:
Get rid of drafts – cover up any drafty doors and windows that could let in the cold, letterboxes are huge offenders for letting drafts in so getting a cover could make the room warmer
Turn off appliances – when you’re not using your appliances, turn them off at the plug, if an item is on standby it’s still costing you money
Kitchen efficiency – only fill the kettle with the amount of water you need and only have the oven on for as long as you need
Keep it cool – in the summer, keep your curtains shut in the day to stop the sun from making the room too hot rather than having to use a fan
Bleed the radiators – this will get rid of trapped air which could stop the heat circulating and improve the efficiency of your radiators
Work from home help – check if your employer will contribute towards your bills if you’re working from home, if not, you may be eligible for tax relief.
Heat what you need – it may be more cost-effective to only heat the room you’re in by purchasing an energy-efficient heater like an oil-filled radiator also check if you’re eligible for help
Turn it down – turning down the thermostat by just a couple of degrees could save you major money on your heating bill